Tag Archives: NZD/USD

MARKET FOCUS

This week begins with the NZD on the back foot, weighed down by broad-based USD buying. The NZD has been rattled by the USD rebound, talk of intervention,

Markets Outlook

USD blasted higher. The move was centred on USD/JPY, but all of the major currencies were affected.

Weekly Commentary

Last week was a dramatic one on both sides of the Tasman, featuring a surprise cut by the Reserve Bank of Australia,

Markets Wrap & Startegy

Currency markets exploded into life last week, as the USD blasted higher. The move was centred on USD/JPY, but all of the major currencies were affected.

Asian Currencies Technicals

AUD/USD: The pair dipped below parity in NY on Friday and opened the new week in Asia around the $1.0015 level and looking heavy.

Markets Wrap & Startegy

NZD Currency markets exploded into life overnight, ensuring this week’s NZD rollercoaster ride continued. Having bounced back above 0.8460 yesterday afternoon,

Asian Currencies Technicals

AUD/USD: The pair continued its move lower overnight, trading at fresh 2013 lows and the lowest level since late June 2013,

Markets Wrap & Startegy

The NZD has spent most of the overnight session licking its wounds following yesterday afternoon’s pummelling.

Morning Report

Currencies: The US dollar index fell around 0.4%. EUR rose from 1.3090 to 1.3194, helped by Mersch’s comments.

Daily FX Update

Strong trade data from China, confirmation that the RBNZ has intervened in FX markets, the DAXY having rallied to fresh highs and limited data releases from

FX Daily Majors

Today’s highlights: – AUDUSD’s break beneath 1.0245/03 exposes key range support at 1.0115/00.

German factory orders holding up

AUD/USD has lifted modestly off the Asian session low of 1.0155, boosted by China posting a larger than expected trade surplus of $18.2bn. in April.